Associate Underwriter - Cyber

at  The Travelers Indemnity Company

WHAT IS THE OPPORTUNITY?

Our cyber insurance policy offers an industry-leading and comprehensive product selection to better assist our partners and customers. With Travelers, businesses can count on cyber protection from every angle. Pre. Post. Always.
It’s an exciting time to join our growing Cyber team and we are looking for a new business focused Associate Underwriter, ideally with some previous cyber or financial lines underwriting experience. In this role you will be responsible for underwriting new and renewal business cyber policies as well as assisting the wider underwriting team. You will make sound underwriting decisions through the life cycle of the policy offering a superior service to our brokers. You will interact and collaborate with the team, Regional Underwriting Offices, Market Segment Colleagues and other critical internal/external business associates.
Travelers Europe currently offers flexibility to employees who wish to work on a hybrid basis in accordance with our Hybrid Work Arrangements Policy. This entails full time employees working three days a week in the office and two days at home (or pro rata for part-time employees). This policy may be changed at the Company’s discretion.

This role is eligible for a £1,000 new joiner bonus. If you are successfully referred by an employee at Travelers Europe, both you and the person who referred you could be eligible for this bonus. What Will You Do?

• Underwrite and assess risk to maximise business growth and profitability for allocated book of business. Make appropriate decisions within own underwriting authority in addition to considered, intelligent and complete recommendations to technical underwriting/business leadership.
• On pre-agreed accounts, actively participates and supports Underwriters in new business, renewal and mid-term alteration underwriting activities that support underwriting decisions, consistent with business growth and profit.
• Accountable for accurate underwriting documentation/ information in account management systems and adherence to documentation standards.
• Understand, embrace, and execute Travelers’ underwriting strategies and principles to produce budgeted results.
• Establish and maintain collaborative relationships with colleagues in other parts of the organisation, including Head Office, Risk Control, Distribution, Claims, Actuarial, etc. as needed.
• Actively engage and seek out training opportunities to further develop underwriting and sales expertise.
• Working with the Underwriters, develop and leverage productive relationships through broker visibility and a disciplined sales management approach (e.g. planning and follow-up for broker and end customer interaction, visits and meetings) all in support of business objectives.
• Working with Distribution, effectively assist in the development, documentation and execution of sales plans with emphasis on increasing marketing and sales activities outside the office. Work tactically with brokers to ensure they have an appropriate level of understanding of Travelers’ goals and objectives.
• Actively participate in regularly scheduled sales and underwriting meetings.
• Work effectively as a productive and supportive team member in conjunction with more senior team members, supporting business unit and company objectives.
• Demonstrate superior customer service standards (consistency, quick response, knowledge of products) to meet Travelers’ service standards
• Perform other duties as assigned.

• Underwrite and assess risk to maximise business growth and profitability for allocated book of business. Make appropriate decisions within own underwriting authority in addition to considered, intelligent and complete recommendations to technical underwriting/business leadership.
• On pre-agreed accounts, actively participates and supports Underwriters in new business, renewal and mid-term alteration underwriting activities that support underwriting decisions, consistent with business growth and profit.
• Accountable for accurate underwriting documentation/ information in account management systems and adherence to documentation standards.
• Understand, embrace, and execute Travelers’ underwriting strategies and principles to produce budgeted results.
• Establish and maintain collaborative relationships with colleagues in other parts of the organisation, including Head Office, Risk Control, Distribution, Claims, Actuarial, etc. as needed.
• Actively engage and seek out training opportunities to further develop underwriting and sales expertise.
• Working with the Underwriters, develop and leverage productive relationships through broker visibility and a disciplined sales management approach (e.g. planning and follow-up for broker and end customer interaction, visits and meetings) all in support of business objectives.
• Working with Distribution, effectively assist in the development, documentation and execution of sales plans with emphasis on increasing marketing and sales activities outside the office. Work tactically with brokers to ensure they have an appropriate level of understanding of Travelers’ goals and objectives.
• Actively participate in regularly scheduled sales and underwriting meetings.
• Work effectively as a productive and supportive team member in conjunction with more senior team members, supporting business unit and company objectives.
• Demonstrate superior customer service standards (consistency, quick response, knowledge of products) to meet Travelers’ service standards
• Perform other duties as assigned